(BFW) Euro Group Mulling Extending Greek Program to Fall, SZ Says


BFW 05/20 19:52 *EURO GROUP MULLING EXTENDING GREEK PROGRAM TO FALL, SZ SAYS
BN 05/20 19:52 *EURO GROUP MULLING EXTENDING GREEK PROGRAM TO FALL, SZ SAYS

Euro Group Mulling Extending Greek Program to Fall, SZ Says
2015-05-20 20:03:05.76 GMT


By Brian Parkin
(Bloomberg) -- Eurogroup plan to extend current program
needs Greece to agree to adjusted terms by 1st week June ahead
of German-hosted G-7 summit, Sueddeutsche Zeitung says citing
unidentified EU official.
* Plan entails partial fulfillment of current aid program that
ends June 20, including VAT reform, finding additional EU5b
savings while pension, labor market reform would be
postponed: SZ
* 3rd aid plan would be worked on during extension period: SZ
* Plan needs support of Chancellor Merkel in talks with Prime
Minister Tsipras at Riga summit this week: SZ

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To contact the editor responsible for this story:
Brian Parkin at +49-30-70010-6229 or
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